In the last trading session, 3.03 million shares of the RLX Technology Inc ADR (NYSE:RLX) were traded, and its beta was 0.98. Most recently the company’s share price was $1.97, and it changed around -$0.03 or -1.50% from the last close, which brings the market valuation of the company to $1.90B. RLX currently trades at a discount to its 52-week high of $2.69, offering almost -36.55% off that amount. The share price’s 52-week low was $1.50, which indicates that the current value has risen by an impressive 23.86% since then. We note from RLX Technology Inc ADR’s average daily trading volume that its 10-day average is 10.31 million shares, with the 3-month average coming to 6.09 million.
RLX Technology Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended RLX as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. RLX Technology Inc ADR is expected to report earnings per share of 0 for the current quarter.
RLX Technology Inc ADR (NYSE:RLX) trade information
Instantly RLX has showed a red trend with a performance of -1.50% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.12 on recent trading dayincreased the stock’s daily price by 7.08%. The company’s shares are currently down -8.80% year-to-date, but still down -5.74% over the last five days. On the other hand, RLX Technology Inc ADR (NYSE:RLX) is -14.35% down in the 30-day period. We can see from the shorts that 14.07 million shares have been sold at a short interest cover period of 2.45 day(s).
RLX Technology Inc ADR (RLX) estimates and forecasts
The year-over-year growth rate is expected to be 16.49%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 815M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 47.75%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 69.85%. RLX Technology Inc ADR earnings are expected to increase by 87.64% in 2025, but the outlook is positive 31.65% per year for the next five years.
RLX Dividends
RLX Technology Inc ADR’s next quarterly earnings report is expected to be released on 2025-Mar-13. The annual dividend yield of the stock is 0.51 percent and its annual dividend per share was 0.01. It is important to note, however, that the 0.51% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
RLX Technology Inc ADR (NYSE:RLX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 86.42% of RLX Technology Inc ADR shares, and 27.81% of them are in the hands of institutional investors. The stock currently has a share float of 204.85%. RLX Technology Inc ADR stock is held by 133.0 institutions, with IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P. being the largest institutional investor. By 2024-06-30, it held 4.8881% of the shares, which is about 60.07 million shares worth $110.53 million.
VANGUARD GROUP INC, with 2.541% or 31.75 million shares worth $58.41 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total International Stock Index Fund and Vanguard Emerging Markets Stock Index Fund were the top two Mutual Funds as of Oct 31, 2024 . The former held 10.75 shares worth $21.19 million, making up 0.85% of all outstanding shares. On the other hand, Vanguard Emerging Markets Stock Index Fund held roughly 10.11 shares worth around $19.92 million, which represents about 0.80% of the total shares outstanding.
